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Media threshing shows a renewed force as it grows at higher levels, on the wave of a wider escape from the market. Bitcoin exceeding $ 104,000 and Ethereum recovering the bar of $ 2,500, the cryptographic landscape goes up quickly in a bullish phase. Altcoins wake up at all levels, and the media threw emerges quickly as one of the stars.
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After a brief decline, the media threshing strongly returned the level of $ 17.5 – an important return area which now acts as a support. The asset takes up the momentum and approaches local vertices, signaling a strong interest of buyers and a potential for continuing the prosecution. Crypto Analyst CEDS has shared technical ventilation confirming this configuration, noting that the beateering displays a net resistance on its recent retraces and could prepare for a significant escape if market conditions are maintained.
As the feeling turns bullish And liquidity runs in high potential altcoins, the threshing media is well positioned to benefit from the renewed energy on the market. With the improvement of the price structure and the key levels recovered, the next few days can be essential to define whether this decision evolves towards a sustained increase trend. Merchants are now looking closely for follow -up while the media is tackling its next resistance zone.
Hype Bulls targets the summits of January
Media threshing is confronted at a decisive moment when prices are involved in a key supply area near the summits of January around $ 28. After having rebounded strongly from the return level of $ 17.5, the asset has resumed the bullish momentum and now addresses one of the most important technical levels of his table. This area served as a point of rejection earlier in the year, and the bulls must now prove that they have the strength to overthrow it.
CHEDS Share ideas Confirming the change of momentum, noting that the media shock shows a clear force on the level of $ 17.5 – an area which has now acted as a successful retain after the initial rupture of the assets. The solid rebound suggests that market accumulations accumulate and that the momentum begins to build as the wider cryptography market becomes bull.
Overall, feeling improves. Media threshing is now participating in this resurgence, but faces its biggest test to date. If the bulls can recover the level of $ 28 with conviction, the path to new heights of all time opens. However, if this level holds prices again, another period of consolidation can follow.
The weekend rally has pushed the markets into critical areas, and the capacity of the media to maintain the upward pressure through this resistance will be closely monitored. An escape greater than $ 28 would not only mark a technical victory, but would probably accelerate interest and volume at all levels. For the moment, the bulls remain in control, but the next decision will determine whether the media threshing between a real price discovery or breaks just below peaks.
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The media threw tackles resistance with the momentum in the form of a bull rupture
The 4 -hour table for media threshing shows a strong bullish dynamic, the price is currently trading at $ 25.29 after typing a local summit almost $ 25.57. The rally was regular and clean, bouncing regularly off the 200 EMA and SMA, now well below the current price, confirming a clear trend structure.
Media threshing now supports a key resistance area between $ 26 and $ 28, a level that has already acted as an offer in January. This area represents a major test for bulls, because it aligns itself on the upper limit of a multi-house range. The volume is healthy and the trend remains intact with higher highs and higher stockings on several deadlines.
If the media threshing can break and hold above $ 28, it opens the door to a challenge for the summits of all time. For the moment, the price can consolidate slightly below the resistance as the sellers defend this area, but the global structure promotes a continuation of rupture.
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A return to the region from $ 23 to $ 24 could act as a healthy retest, but hold more than $ 22 is the key to preserving the bullish momentum. As long as the trend and volume remain intact, the beaten media appears on the point of the increase in the coming days.
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